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I'm in the middle of an deal for a legal two-flat in Chicago with FHA financing, but the numbers only work if I convert the basement into a livable space. FHA loan + expenses is $3000, Rental income with 2 units is $3...
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We own multiple properties, and we use a property management company that does a fantastic job at maintaining this properties, our assigned manager is very responsive, and very well adapt at handling the tenants and a...
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Hi investors,
I've just found this site and look forward to spending days reading and catching up on the amazing content here, but wanted to intro myself and start networking.
I moved to the US (Denver, CO) for work...
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I do.I can't help it. It's part keeping an eye on things, but it's also part pride. I feel so fortunate to be able to say, "I own that."I realize many here don't live as close to your buildings as I do, mine are all ...
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Hi everyone! This is my first post. I'm glad to have found your forum!
Myself, my husband and my 2 little boys just moved to the Nashville, TN area from NH. We have some cash from selling our other house and from an a...
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I have agreed to buy my first SFH investment property from a TK (turnkey) and just received the inspection report. The SFH is 60 years old but was represented as being "fully rehabbed". The inspection report is con...
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I am about to close on my first rental using the BRRRR strategy. We (my son and I) will be doing most of the work ourselves including roofing, siding, gutters, windows, new floors, kitchen, bath, and paint. No major f...
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A reply on another thread made me wonder about something. Mikeoh mentioned fannie mae is showing 5% appreciation annually over the past 50 years on average. The Rule Of 72 says that to find out how long it takes to do...
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Hi all!I need some advice. This has never happened to me before and I'm not sure how to handle it. When I went today to have my current tenants sign another one-year lease, I did an inspection of the property. To ...
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